I mention ethics in the book, and the Libor scandal is a perfect example of what happens when everyone is expected to be a team player. If those involved had been Rotarians, one hopes they would have applied the first of the Four Way Tests and asked, "Is it the truth?" On 15 July, the Boston Globe Magazine had an article entitled, "When we use glorification of the group as an excuse for bad behavior." Were the Libor guys trying to be 'team players?' We also have to know how to judge when the team is engaging in unethical behavior and get out. The Four Way Test is a good place to start (in fact, it may be all one needs).
About Me
- Dr. J.
- Massachusetts, United States
- I have been a professor of operations management specializing in global supply chain issues. I am on the faculty of the Hult International Business School and I travel to Germany twice a year to teach courses at the Cooperative State University of Baden-Wuerttemberg (DHBW, Bad Mergentheim campus). I was a logistics office in the U.S. Air Force. I have traveled and taught widely, and have lived in Germany for several years. In addition to my academic qualifications, I have two certifications from APICS: CFPIM and CSCP. My latest book is "Supply Chain Survival in the Age of Globalization" published by Business Expert Press.
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